Sanghi Steel Udyog appeals NCLT order admitting its Rs 8.12 crore claim notionally for only Re 1 in corporate insolvency.
Appellant argues Resolution Professional and adjudicating authority erred in not fully admitting its loan claim amount.
NCLAT issues notice to respondent, sets timeline for replies, and lists final hearing for July 15, 2026.
Tribunal orders all CIRP proceedings to abide by the appeal outcome, potentially impacting resolution process.